Search for: "GEO Corrections and Detention"
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27 May 2007, 12:25 am
But the private market -- dominated by Corrections Corp. of America, Geo Group and Cornell -- is expected to grow substantially over the next five years. [read post]
9 Feb 2014, 5:49 am
McNew thinks the GEO Group is a better financial bet than Corrections Corporation of America - perhaps because of recent sweetheart deals in its home state of Florida - but Grits would point out that GEO is much more laden with debt than its biggest competitor and faces the same long-term trends described above. [read post]
23 Nov 2011, 6:32 am
Geo stock recently hit a 52-week low, down 30% from just a year ago. [read post]
20 Jun 2018, 1:52 pm
Texas has four private prison companies—CoreCivic, the GEO Group, Management and Training Corporation and Correct Care Solutions—on its soil ready and available to imprison the roughly 70 children the Trump administration is seizing each day from their parents. [read post]
9 Mar 2012, 9:41 am
It appears the incarceration bubble is bursting, with immigration detention the only near-term growth sector in private prisons' portfolio. [read post]
11 Mar 2008, 5:11 am
The GEO Group is expanding a leased detention center it manages in Clayton County, Ga. so it will be able to house almost 200 extra inmates, and executives have said they are pursuing contracts in Britain and South Africa. [read post]
29 Jun 2008, 7:57 am
The GEO Group, a private security firm specializing in correctional facilities, will run operations at the annex. [read post]
24 Apr 2010, 12:03 pm
His father, a sitting state senator, performed consulting work for the same company in 2003-2004.Debt, Risk and the Geo GroupTexas Prison Bidness brings word that the Geo Group gobbled up yet another competitor, adding to its already enormous debt load and making it the second largest private prison company on the planet, behind Corrections Corporation of America. [read post]
18 Aug 2014, 1:18 pm
The Montgomery County Commissioners Court's on-again off-again love affair with private corrections just took an odd turn.Now, after recently selling a facility next door to their own jail to the GEO Group because they couldn't maintain the terms of the phony "nonprofit" created to facilitate the deal, word comes down the county supposedly must build a new jail or spend nearly as much (around $200 million) to renovate the old one, reported the Houston Chronicle… [read post]
6 May 2013, 8:23 am
Thirty years later, CCA's 67 prisons and detention centers no longer include hastily-converted motels, and CCA claims to run "the highest quality adult corrections company in the United States." [read post]
6 Apr 2018, 3:57 am
And there are now five suits pending against the two biggest players in private detention, GEO and CCA. [read post]
22 Nov 2011, 9:13 am
Geo stock recently hit a 52-week low, down 30% from just a year ago.For several years now, Grits has believed that, examining the underlying fundamentals, both firms (particularly GEO) are far too laden with debt to justify bullish advice to investors. [read post]
17 Feb 2011, 9:21 am
Parker, is the correct forum? [read post]
24 Mar 2011, 8:04 am
Its largest competitor, the Geo Group (GEO), is slightly smaller, and together they account for more than $3 billion in gross revenues annually. [read post]
17 Apr 2009, 3:50 pm
Jose Manuel Falcon died while in custody at GEO Group’s Reeves County Detention Center on March 12, 2009. [read post]
25 Jun 2011, 11:25 am
Empty speculative jails in TexasTexas dominates immigration detention Orwellian-named immigration policy massively subsidizes private prisons in TexasGeo Group's purchase of Houston private prison company leaves it highly leveraged [read post]
16 Dec 2013, 6:11 am
Last month, GEO offered the county $35 million, but the county rejected that bid. [read post]
15 Jul 2014, 12:50 pm
He is an inmate of the New Mexico Corrections Department (NMCD) and his family maintained the page on his behalf. [read post]
22 Sep 2008, 7:39 am
Said a Department of Corrections spokesperson:"I will say our department is not overly eager to step back into privatization. [read post]
16 Jul 2012, 12:50 pm
"Under public-private partnerships, private operators provide high-quality management services of correctional, detention, and residential treatment facilities under strict and constant oversight and monitoring from state officials," said Pablo Paez, a GEO spokesman, in an emailed statement. [read post]
